EML Unveils A Spectacular Lineup For EML.CON Global 2021
EML.CON Global airs November 18 and 19.
November 15, 2021
EML.CON Global airs November 18 and 19.
FIS UK Pace Pulse Report 2021. How British lives have changed, including changing attitudes and behaviours around payments, banking and finance, in response to the global outbreak of COVID-19.
Banks all over the world publish their APIs for their corporate customers which allows them to take advantage of the financial products offered within their own ERP environments. Whilst this provides a great customer experience, it does incur costs given the high resources required from both parties to make this a success.
Fable’s API Hub makes open banking adoption easier, affordable, and interoperable for your customers – but how has Fable got this right?
Read more about Fable’s work to bring banks closer to their customers giving them back control of their own cross-border transactions
fscom’s Senior Compliance Associate, Eoin Kearns discusses the leak of the Pandora Papers and the lessons learned for financial institutions.
LONDON, United Kingdom – Paynetics, the regulated e-money services provider, has partnered with ClearBank to offer real-time payment and innovative banking services to customers.
12th October 2021, – LONDON, United Kingdom Paynetics, a regulated e-money services provider, today announced it has secured Visa Ready certification, which enables partners to build and launch payment solutions that meet Visa’s global standards. Securing this status marks a significant moment in Paynetics’ mission to make payments simple everywhere.
B2B Payments bank, Banking Circle, has joined the Danish national intraday clearing system. Through Banking Circle as a direct clearing participant, Payments businesses and Banks can now pay out and collect payments locally in Denmark on behalf of their customers more quickly and at lower cost than via traditional cross border payment methods. This will enable e-commerce businesses around the world to tap into the growing Danish market.
How can payment and e-money institutions meet regulatory requirements to safeguard consumers’ funds? fscom’s Director Alison Donnelly and Independent Payments Consultant Russell Burke, formerly Payment Authorisation Lead in the Central Bank of Ireland, tackled this key question at the Association of Compliance Officers in Ireland (ACOI) webinar hosted by Kathy Jacobs.
fscom’s Senior Manager of Fincrime, Fred McDowell shares what elements make up a valuable MLRO Report. He also gave valuable context and practical suggestions as to the content that you might consider under each section.
In one of our most recent webinars this month, fscom’s Director Alison Donnelly and Senior Managers, Dipesh Patel and Dane Pedro JP, tackled the most common questions that come up in their daily work with clients who are seeking authorisation in the UK.
Green fintech Tred has announced that their UK green debit card launch will be with Mastercard, enabled by Nium’s card issuing service.
In anticipation of their upcoming launch, and to celebrate this announcement, they’ll be planting 10,000 trees with Mastercard as part of its Priceless Planet Coalition, launched last year with a firm commitment to plant 100 million trees by 2025.
London corporate team represents leading digital cross-border payments platform in achieving a post-money valuation of US$5 billion.
Latham & Watkins advised Zepz, formerly WorldRemit, on raising US$292 million in new primary financing and achieving a post-money valuation of US$5 billion. Zepz is a digital cross-border payments platform operating two market-leading brands (WorldRemit and Sendwave, acquired in 2021), with over 11 million users across 150 countries.
The round includes new equity investors Farallon Capital among others, as well as backing from existing investors Leapfrog, TCV, and Accel.
The Latham team was led by London corporate partners Mike Turner and Shing Lo, with associates Katie Kaplucha and Sam Peacock.
Did you know one of Modulr’s most popular platform features is card issuing?
So much so, we’ve decided to celebrate cards with our first ever Cards Week.
Join us from Monday 29.11 – Friday 03.12 for five succinct sessions over five days where you’ll have the opportunity to hear the latest innovations in card issuing from industry innovators at Visa, TagNitecrest and Zumo.
Register here: https://bit.ly/3GP4wen
PXP Financial Inc has announced a partnership with leading provider of integrated payment processing and technology solutions Shift4, as PXP expands its capabilities in the US market.
While some may say m-commerce has simply piggybacked on the overall e-commerce “boom”, this really isn’t the case: m-commerce has actually overtaken desktops, the traditional king of e-commerce, to become the reigning form of online payments. Yet a mobile-first world has some implications for issuers when it comes to payments – let’s dig in.
E-commerce growth is predicted to reach the pre-pandemic level by the end of this year. However, Fast-Growing and Emerging regions remain excluded from access to global e-commerce due to prevailing constraints on cross-border shopping.
Fintech and trusted payment service provider Paynetics is hosting its third roundtable on the future of fintech, held virtually via Zoom on the 8th December, from 12-1:30PM (GMT).
A recent Financial Times Focus report revealed how banks may be on the brink of extinction. Technology, customer focus and a real social purpose can still save them.
Blue Train Marketing’s latest blog details the necessary steps that you must follow when creating a fintech brand name. From competitor research to your brand’s purpose, you must take it all into consideration.
Exploring the huge rise of Buy Now Pay Later solutions, and what it means for the industry and the consumer.
Exploring the growth of Banking as a Service – and what it means for the industry.
Embedded Finance has become one of the hottest issues in the fintech space. The term was coined by Angela Strange at VC firm Andreessen Horowitz who also asserted that in the future “every company will be a fintech company” because every company will be able to embed financial services. But does that really mean every company will be a fully-fledged fintech company just because they have embedded financial services? Vicki Gladstone, Moorwand CEO, doesn’t think so.
Kani is now integrated with many of the world’s payments data processors – this, combined with its data and processor-agnostic approach, and the fact that Kani can easily and quickly ingest data from the multiple processors, banks and BIN sponsors that payment and fintech companies work with, makes onboarding and working with Kani fast and efficient. Raw data files in different formats can be imported and reconciled in just a few minutes, and parsed into much more understandable reports.
The fintech industry is ultra-competitive and growth-oriented by nature. Even during the height of the pandemic, a time of suppressed economic activity, fintechs not only prevailed but also expanded operations and improved access to financial services across the globe.
As the world continues adapting to the pandemic, sales growth for the financial services industry has even more room to run. Payments, wealth management, asset exchanges — consumers expect these activities to be digital. They have an expanding appetite for new features and product differentiation, spurring even more competition and growth among fintech firms.
Long story short, it’s a good time to be in the fintech space.
But what happens when fintechs, like payment providers, grow too fast?
Your payments infrastructure could be costing you more than you realise. Using multiple providers costs time, costs cash and, more importantly, costs customers. Which is why we’re talking to clients who have moved away from traditional banking and moved towards Fintech-as-a-Platform. We’ll also be joined by Mat Megens, Founder & Chief Executive Officer from HyperJar for a fireside chat on their ‘journey’ to success, powered by Modulr.
The event will cover:
o BaaS vs FaaS: What’s the difference and what do you need to build financial products customers love?
o The key challenges faced by companies that offer payment or bank-like services
o How to avoid business inefficiencies by using a joined-up Fintech-as-a-Service partner (such as… well, Modulr)
Register here: https://landing.modulrfinance.com/scaling-a-fintech-with-modulr-baas-0
The era of expensive, unadaptable legacy banking systems is coming to an end. In the 21st century, the ability to innovate rapidly is the single most important factor for growth. Learn how to reduce risk and increase agility, flexibility and speed to market by taking your core banking platform to the cloud.
Leading dispute technology specialists, Chargebacks911, announces the appointment of fintech workhorse and strategic leader, David Jimenez, as Chief Revenue Officer (CRO).
The payment expert continues its successful US growth with its latest acquirer partnership
New Nium API-based Crypto-as-a-Service platform is the first to allow financial institutions to integrate popular crypto capabilities into their financial applications, including the ability to buy, sell, and hold the most popular digital assets; future service elements will allow for stablecoin wallets, as well as crypto acceptance
Nium also expands its comprehensive suite of global Banking-as-as-Service solutions, adding card issuing capabilities in the U.S.
Our guide aims to take you through the basic knowledge of Payment Service Providers. It will offer you all you need to know on topics such as: What is a
To say that the global payments business is changing might be an understatement. In the past few years, the global market has seen a significant transformation in the modes of payment transactions,
Whenever a transaction was made, One Point Universal co-founder Jack Cui or his colleagues would be called by their bank to personally sanction the transaction. This was proving to be extremely time-consuming and complicated. Worse, their clients weren’t getting their funds in the time that One Point Universal had promised: integrity and transparency are very important to One Point Universal’s founders.
The bank wasn’t nearly flexible enough, it was very old-fashioned, complex, expensive, and slow.
In early 2021 One Point Universal looked for a new partner. They chose Currencycloud.
The future of frictionless commerce is here. How can we remove friction and complexities from global commerce that hold progress back? Learn in this whitepaper why our experts believe Simple, Seamless, and Scalable are the pillars of a successful future of payments.
Back in January, CEO Fabien Ignaccolo wrote a post on our 2021 predictions for SCA. Among the predictions was a future PSD3 enabling SCA for the non-banking industry, as well as an expectation for a renewed focus on Digital Identity. While PSD3 is still on the horizon, there has actually been more of a significant movement in the eID sphere.
By integrating with Currencycloud’s Spark APIs, FinTech DynaPay Ltd was able to achieve dynamic growth in just 12 months; having grown five-fold in terms of team size, revenue and customers.
A fascinating new report, Fraud and Chargebacks in Travel, has been launched by merchant dispute specialist Chargebacks911, in conjunction with industry thought leader and travel research firm, Airline Information. It offers merchants a thought-provoking look at the substantial scale of the challenge that chargebacks present to the industry and proposes solutions for mitigating chargeback threats and payment fraud events.
Contactless card payments have boomed since the onset of Covid-19 and 15 October marked yet another milestone with shoppers able to spend £100 per transaction with a tap of their card.
In this Dear Luc article, Luc Gueriane discusses why are people so divided about the £100 contactless limit?
Head over to Fintech Futures to read the full article: https://www.fintechfutures.com/2021/10/dear-luc-why-are-people-so-divided-about-the-100-contactless-limit/
Planet, a global integrated payments leader, has announced it’s been selected by Champneys to provide a fully integrated suite of Hospitality payments services on a single all-in-one platform across its UK luxury hotels, health spas and resorts.
Radar Payments launches a standalone service for tipping and gratuity that can be deployed by financial institutions to help reward hospitality staff and other workers for their services.
Banks can use Tippay™ as a standalone app available in their business client outlets and to partners for more tipping convenience. The service enables banks to reach new potential customers while generating additional revenues by taking a minimal fee on every tip registered.
EML announces David Curneen as its new Group COO.
Global payments provider, Sokin, looks to grow brand in US with innovative marketing partnership with the Miami Dolphins – it’s first NFL team and step into North America.
As a fintech leader, what does ownership mean to you?
It’s a prominent topic these days, especially as payment providers (and the broader fintech industry) shift to remote settings and home offices. Leaders and employees must adapt during times of change. Encouraging and proliferating ownership was already difficult before this seismic shift. Now it’s an even taller task.
Are your employees taking ownership over their responsibilities and designated projects?
London-headquartered Global Processing Services (GPS), the Global API-first payment technology platform, powering the world’s leading fintechs, including Revolut, Curve, Starling Bank, Zilch, WeLab Bank and Paidy, today announces it has raised over US$300 million from Advent International (“Advent”) and Viking Global Investors (“Viking”).
The new investors and subsequent funding will provide deep payments and fintech experience to accelerate technology investments in product innovation and continued expansion in 48 countries across Europe, Asia and the Middle East.
The investment follows a strategic investment from Visa in October 2020.
GPS is a company at the heart of fintech’s global expansion, powering leading fintechs, digital challenger banks and embedded finance providers through its API-first payment technology.
To date GPS has:
Issued 190 million physical and virtual cards
Processed more than 1.3 billion transactions on its cloud-based platform
Expanded into APAC and MENA
Integrated with 95 issuer partners and operates programmes for a client base across the globe
Powered today’s leading fintechs, including Revolut, Curve, Starling Bank, Zilch, WeLab Bank and Paidy
Secured strategic investment from Visa, a long-term partner of GPS
Established a new regional centre of excellence in United Arab Emirates (UAE) having been selected as one of its preferred issuer processors in Asia-Pacific and the MENA region
Please see below for full press release for further information.
Let me know if you have any questions.
Kind regards,
Becky
PPS, an Edenred company, today announces its partnership with UK-based Sprive, the first of its kind mortgage overpayment app designed to help homeowners become mortgage free faster and save interest.
– Introduction
– First Party Fraud
– Second-Party Fraud
– Third-Party Fraud
– Why each type of fraud can be difficult to detect
– Combatting these diverse crimes
– Introduction
– What is physical biometrics?
– What is behavioral biometrics?
– What is the difference between using physical and behavioral biometrics when authenticating users?
– Behavioral biometrics aid PSD2 compliance
– Webinar: Behavioral Vs Physical Biometrics: the ultimate showdown in digital banking
– Introduction
– Collaboration with start-ups
– CaixaBank, a leader in innovation
Leading payment organisations came together to celebrate innovation in the financial sector last night at the Emerging Payments Association’s (EPA) 14th annual Emerging Payments Awards (EP Awards) ceremony.
